Today: January 18, 2026
January 18, 2026
1 min read

Congress wants the State to spend more money on Petroperú

Petroperú: Government defines new board this week

Only between 2022 and 2025, Petroperu has received around S/21,000 million in aid from the State to stay afloat. Although this resource could be used for other sectors such as education, security, health, Congress wants more money to be disbursed.

Thus, Perú Libre presented a bill through which it authorizes the Ministry of Energy and Mines (Minem) to carry out financial transfers in favor of the state oil company during 2026 with the purpose of “guaranteeing the continuity of the hydrocarbon production and supply chain at the national level.”

In the proposal they also state that they want to ensure the normal development of economic activities linked to the transportation, distribution and marketing of fuels. It also states that the risk of shortages in regions must be prevented.

However, they do not mention a word about the company’s debts, which are around US$5 billion. Nor do they make reference to the demands of suppliers who are failing to meet their commitments due to this lack of payment.

The initiative also does not set any goals or conditions for granting the resource, with which the company could continue to record losses and pay the more than 80 gollerías it has without being told anything.

“The resources must be allocated exclusively to critical operating expenses linked to the supply of hydrocarbons, and their use is prohibited for asset reorganization processes, asset fragmentation or private promotion schemes,” he indicated.

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